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superpower status and our future. >>> president obama and house speaker boehner meeting ooer the weekend. whose views the numbers will prevail. well, i'll show you how much it matters to the nation in tonight's chalk talk. that's coming up next. look, if you have copd like me, you ow it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spirivhelps control my copd sytoms keeping my airways open for 24 hours. pl, it reduces copd flare-ups. spiriva is the only once-daily inhad copd maintanceflare-ups. treatment that does both. iriva handihaler tiotropium brome inhalation powr does not replace fast-acting inhale for sudden symptoms. tell ydoctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may woen with spiva. discuss all memedicines you take, even eye drops. stop takg spiva and seek immediate dicahelp if your breathing sudden worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side eects include dry mouth and constipation. spiriva helps me brea
and our future. >>> president obama and hous speaker boehner meeting ooer the weekend. whose views the numbers will prevail. we, i'llhow you how much it matters tohe nation in tonight's chalk talk. for many, nexium helps relieve heartburn symptoms caused by acid reflux disease. osteoporosis-related bone fractures and low magnesium levels haveeen se with nexium. possible side effects include headache, diarrhea, anabdominal pain. other serious stomach conditions may still exist. talk to your doctor about nexium. [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ me announcer ] lease a 2013 ml350 for $59a month at your local mercedes-benz dealer. lou: you know, everybody's getting pretty excited about that fiscal cliff negotiation or impasse, however y want to3 style it. but i want to show you, if i may tonight, very quickly, what ally is at stake and how it's going to change the fiscal future of the country, our stiny as a nation. becae this
between president obama and speaker boehner. wendell, is there any time left to get this done? >>reporter: well, folks think there is time for enough of a deal but stopped short of a fiscal cliff but some think that has to happen this week. at a daimler truck stop the president didn't mention the upper income tax hike he is demanding but warned what will happen if congress doesn't extend the middle-class tax cuts both sides want. >> people will spend nearly $200 billion less than otherwise they would spend. consumer spending will go down. that means you have less customers, businesses get fewer profits, they hire fewer workers, you go in a downward spiral. wrong idea. >>reporter: the president criticized the right-to-work deal that michigan's republican legislature is set to pass calling it a right to make less money and says it doesn't have anything to do with economics but licks. >>shepard: does the fact that the two men who are the last two to meet on this matter, met together and did not come out bellyaching about the other side, is that positive or am i looking for a silver lining? >
to president obama and the house speaker boehner to work out a deal to avoid the fiscal cliff what if they say we have a deal, wouldn't players on both sides, the tar right and the far left, be angry? would it make more sense to wait until the last minute and then tell us? could that be what is going on? >>shepard: north korea is reportedly planning a rocket launch. technical glitch forced officials to add an extra week to the take off window. they now report the launch will take place some time before december 29. officials claim they are trying to put a satellite in space but the united states does not believe it. they say the regime is planning to test a long-range nuclear capable ballistic missile. the navy moved warships to the region to track and possibly defend against the planned launch. defend. and now the news from washington, dc. what are foes saying in the united states about this? >> only that the delay appears to is done nothing to dissuade north korea from moving ahead with what is believed an effort to build an intercontinental missile aimed of having a nuclear warhead. >> as f
obama and house speaker boehner on the so-called fiscal cliff. and the two most important players involving the financial future of our nation. i'm harris falkner, we're told a meeting was held behind closed door and without the media's knowledge and both men tight-lipped about what was said and when we asked for comments, both giving us the same statement, quote, this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff, we're not reading out details of the communication, but the lines of communication remain open, end quote. this meeting comes as the white house and congress appear to be at at impasse, you know by now is crippling spending and tax hikes and could cost us jobs and send us back into recession and to solve the problem, republicans say we must prevent our ballooning national debt from crushing generations. and chief white house correspondent now ed henry joins us by phone with the latest on this breaking story, ed, they kept this under wraps. how big after deal is this? >> good evening, harris, there's not
to avoid the so-called fiscal cliff. president obama and house speaker john boehner spoke by phone for the first time in days. no details on that conversation. the two sides are at a state mail over raising attacks on incomes over $250,000. an international news alert. there are fears that the syrian government is getting ready to drop a nerve gas on his own people. the gas is being mixed in bombs for potential use. as ainsley earhart reports, the united states is promising consequences for the gas is excused against the syrian people. >> reporter: it appears there has been an alarming escalation in the syrian civil war, the country's government preparing nerve gas bombs and awaiting the orders from president assad to use them. u.s. officials relying on surveillance said there was no evidence that this had begun. >> we have sent an up mistakeable message that this would cross a red line and those responsible would be held to account. >> reporter: a senior u.s. official telling fox the gas bombs must be used within 60 days in order to be viable inform deployed. the gas could till th
the way. this is a two man deal now president obama and the house speaker john boehner. at least publicly john boehner is not sounding confident. >> he is not. he was very pessimistic and came out and told reporters is he still frustrated that president obama has not responded with some sort of a counter proposal to the republic debt plan that was put on the table. he basically is saying that these talks are still going nowhere. this isn't a progress report because there is no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs. the white house has wasted another week. >> one sign of optimism is when he was pressed by a reporter about tax rates, he seemed to leave the door open about some flexibility of negotiating with the white house. vice president biden said while rates have to go up it's negotiable what exact rate it is. whether it goes all the way up to the top rate to 39.6 like the clinton days. it seems like there is wiggle room on both sides. that may be where we get a deal if these two sides get together next week, shep. >> s
behind them at 7-6. >>> behind closed doors, president obama and speaker boehner continue to hammer out a deal as they jockey for a position on entitlements. we'll have that straight ahead with our "morning joe" panel. when we come back here, we're going to do this, aren't we? me, you, and louis. we'll head around the water cooler. "saturday night live" giving us the reason to negotiate. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> well, enough of the real news. let's send it to louis, louis. what have you got in the cooler? >> thanks, bill. it's nice to see you doing "way too early." >> not a bad gig. >> this weekend o
. >>reporter: you get a sense that president obama and speaker boehner get along fine but today boehner hammered the president essentially making the point that if he got the tax increases he wants, we would still face trillion dollar deficits. here is more from speaker boehner on cutting spending. >> the president doesn't agree with our approach, he has an obligation to put forward a plan that can pass both chambers of the congress. right now the american people have to be scratching their heads and wondering when the president will get serious. >>reporter: you hear frustration from the speaker of the house and we hear frustration from owe lawmakers. the negotiations are between just the president and the speaker and folks are walking around capitol hill not sure what is going on in the private talks. >>shepard: no one seems sure of anything in that entire city but democrats are not optimistic, either. >>reporter: the calendar, we have checked, and done some reporting on our own, when a deal needs to be struck and in the next 48 hours we have to get something done when you consider the
are now in the had hands of two men, president obama and house speaker eer jo boehner. bill plante is at the white house. good morning. >> reporter: good morning. and good morning in the west. the president has stepped up his rhetoric, warning failure to fix the fiscal crisis could sour the christmas season. as another day passed without any real progress, president obama ventured out to push his claim that the middle class will suffer. ♪ you better watch out you better not cry ♪ >> at the national christmas tree lighting, president obama joined the holiday mood. but earlier, visiting a middle class virginia family, he threatened that congress could ruin the christmas season. if it doesn't act, the administration says, middle class tax bills will increase by $2,000. >> we're in the midst of the christmas season. i think the american people are counting on this getting solved. the closer it gets to the brink, the more stress there is going to be. >> reporter: what may raise the stress level even further is the promise that both the president and treasury secretary geithner has m
that the staffs of president obama and house speaker boehner resumed discussions as the two principles remain far from face-to-face negotiation apparently. fox news chief white house correspondent ed henry has the latest. >> pulling on the heart strings like he's on the campaign trail, president obama visited a middle class family in virginia. >> a couple thousands dollars means a couple months rent for this family. >> again, trying to frame the battle over the miscall cliff as being all about taxes with no mention of spending cuts. >> i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%, but e remain optimistic we can get something done that are good for families like this one, and that's good for the american economy. >> republicans believe the reason the president is going light on spending cuts while demanding the budget deal include another increase in the nation's debt ceiling is clear. >> this is not about getting a handle on deficits or debt for him. it's about spending even more than he has. >> white house aids reject the republican
at everybeatmatters.org. lou: the staffs of both president obama and house speaker boehner are talking, but there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end of the session. investors cheering news in a decline in jobless claims, and household wealth in the country grew by $1.7 trillion, to the highest level in five years, talk about a positive indicator for consumer purchasing. the dow jones industrial up 40 points, the s&p up five, and nasdaq rose 15.5 points. volume? a billion shares lighter than yesterday, but above the average of 3.1 billion trading on the board today. apple rebounded from yesterday's worst date performance in four years, a gain of $8.45 today with the ceo saying apple will move imac computer production
'll tell you why, straight ahead. >>> also ahead on "starting point," president obama and speaker boehner talk on the phone about the fiscal cliff. but will they be meeting face to face and will they get anything done before it's too late? up next, oregon senator jeff merkley. he's a member of the budget committee. >>> and kobe bryant joins an elite club with basketball greats like michael jordan and kareem abdul-jabbar. his impressive feat, we'll tell you all about it. >> the greatest player in the history of the los angeles lakers. wow! that's a savings of over 29 bucks! twenty-nine bucks!!?? and they're powered by friendship. see for yourself if you could save on the brands you want. walmart. starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated su
of the fiscal cliff talks, don't talk about the fiscal cliff talk. both president obama and speaker boehner are sticking to their mary tore yum to not talk about how negotiations are going, which most analysts say is a good sign. according to the walg street journal, people directly involved say they've taken a recent shift in days with the staff and leaders on both sides are getting more serious. not sure why they weren't in the first place. >>> yesterday in michigan the president said he was open to spending cuts but held firm to raising taxes on the wealthiest americans. >> what you need is a package that keeps tacks where they are for middle-class families, we make some tough spending cuts on things we don't need, and then we ask the wealthiest americans to pay a splietly higher tax rate and that's a sprins pl i won't compromise on because i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all of our tax breaks and then we're asking students to pay higher student loans. >> ah, but republican senator lindsey graham isn't holding back on
. president obama and speaker boehner. thank you. nobody else will be in the room. with 24 days before a year-end deadline, "the new york times" says boehner made the request to clear the negotiation room going forward, leaving it up to himself and the president to reach a deal to avoid automatic tax hikes and deep spending cuts. and while the two men may be negotiating privately, yesterday the president took his mess dwrooj the public, visiting a local virginia family as a part of his social media campaign. while sitting around the kitchen table, he told the family he felt optimistic. >> the message that i think we all want to send to members of congress is this is a solvable problem. the senate has already passed a bill that would make sure the middle class taxes do not go up next year by a single dime. just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> an added wrinkle to th
and things of that nature are probably off the table. >> reporter: aides to president obama and speaker boehner met yesterday afternoon. but that meeting ended with no discernible signs of progress. rob and paula? >> thanks, tahman. >>> once the numbers are all tallied, they're going to show that the 2012 presidential election was the most expensive in history. campaign finance statements put the total cost at well above $2 billion. virtually split down the middle between president obama and mitt romney. that includes nearly $86 million raised by romney during the election's final weeks. >>> and someone who has apparently run his last senate republican jim demint. he announced yesterday he is leaving the senate on january 1st in order to leave a conse e conservative thinktank. whoever is chosen to lead the south carolina governor, a special election in 2014 to finish out his term. >>> a new twist in the very bizarre case of software pioneer john mcafee. the former fugitive is waking up in a detention cell in guatemala this morning, one day after being hospitalized. mcafee told abc news
with alex witt. i'm thomas roberts. itis time for the strategy talk. have president obama and speaker boehner argued themselves into a corner on this fiscal cliff? >> the president has a clear, simple position. he wants to prove he can dominate by getting the rates up. either you are going to go over the cliff or find some kind of dramatic concession for the president. >> how does boehner give on rates. he said i oppose tax rate increases because tax rate increases cost american jobs. that gives you no room to give on rates. >> joining me now is former vermont governor and howard dean and republican strategist. general tmen, it's great to have you hear. if both president obama and the speaker postured themselves to the point any concessions look like a loss? >> i'm not paying that close attention to the negotiations because i believe we ought to go over the cliff. if you want maximum deficit reduction with the tax rates we paid with bill clinton and cuts as well as human service cuts, that's how you ought to do it. any compromise is going to be for the cliff. i'm for the cliff. >> new
the fiscal cliff taking on a new turn at president obama meets with the house of representatives speaker boehner at the white house. we have a live report. our political insiders are here, too. >>heather: a turn for the worse for the most bitter enemy, chavez, headed to cuba for medical treatment. we have the latest on his condition. >> a dallas cowboy player appearing in a court of laugh after a deadly crash killed his team may, josh brent could face up to 20 years behind bars. and now, live in allege in which in arlington, next. >> quiet this afternoon. the cowboys play add game this afternoon in ohio against cincinnati. just recently, they won that game. we will show you a powerful picture that came out of ohio today. jerry brown's jersey laid out on the bench there. a moment of silence, also. 24-year-old josh brent had a bond hearing in texas this morning. a judge set the bail at $500,000. the attorney is arguing that is too high. he is petitioning to have that bond reduced so it is unclear when he will get out of jail. the police say it was late friday night and early saturday morni
important signs today. speaker, house speaker john boehner met with president obama at the white house today. we don't know how long they met or exactly what they talked about, but the white house says lines of communication are open and face-to-face meeting is on important. at the same time republicans say they will accept the demands for higher taxes on the wealthy if it goes along with spending cuts entitlements like medicare and social security. listen.... >> a lot of people are putting forth a theory. i think it has merit where you give the president 2% increase he is talking about on the top 2 percent. i am beginning to believe that is the best route for us to take. >> reporter: many other republicans, of course, standing firm against any tax increase. they could give the speaker a hard time if he tries to pass the kind of legislation corker was talking about there. >> and how are the democrats reacting to accept the higher tax rates? >> reporter: they are happy to see movement was made toward the president's position but speaker boehner has not embraced the it. it could be what they t
in the negotiations if there were negotiations. president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry for the report. >> trying to lay blame for stalled budget talks on republicans, president obama today wratcheted up pressure on boehner. >> nobody wants this done more than me. >> for the first time, plan for massive spending cuts from going over the fiscal cliff warning business executives, the economy could take another hit if republicans decide to extend just to middle class tax cuts to avoid the cliff for now and come back next year with more leverage to tie spending cuts and medicare reform to another hike in the nation's debt ceiling. >> we're not going to play that game next year. if congress, in any way suggests they tie negotiations to debt ceiling votes, and take us to the brink of default again as part of
obama and house speaker john boehner can come together. >> the president, not so conciliatory note. we'll get the latest from david kerley coming up. >>> check this out. why all new cars may soon be spying on their drivers and making it tough for you to cover your tracks. >>> we're going to start, though, with what should have been a joyous week for the royal family. but news of kate's pregnancy was overshadowed by her hospitalization for morning sickness, a prank call that duped two of her nurses. and then, the suspected suicide of one of those nurses. this morning, the boss of the two australian deejays behind this prank is now speaking out. and abc's jeffrey kofman is in london on the story. jeffrey, good morning to you, sir. >> reporter: and good morning to you, dan. an outpouring of indignation, what we're seeing around the world as news of this story spreads. and nowhere is it stronger than in australia. all of it focused on the two radio presenters behind the hoax call. >> this is 9 news. >> a sydney radio station is tonight at the center of a firestorm. >> reporter: amidst an o
. president obama and house speaker john boehner spoke on the phone about the situation yesterday. among the major sticking points is republican support for continuing tax cuts for the wealthiest americans, something mr. obama disagrees with. >> we could probably solve this in about a week. it's not that tough. but we need that conceptual breakthrough that says we need a balanced plan. that's what's best for the economy. that's what the american people voted for. that's how we're going to get it done. >> mr. obama's treasury secretary, tim geithner, went a step further, saying that the president would allow the nation to go over the fiscal cliff at the end of the year, if republicans don't agree to raise taxes on the wealthy. >>> and maybe abraham lincoln can help the fiscal cliff negotiations. harry reid believes so. the senate will get inspiration when reid hosts a clescreening the spielberg movie. >> whatever helps to get things moving, right? >>> hundreds of same-sex couples in washington state lined up overnight to get a marriage license now that they can legally wed. the county cle
. >> great to see you, chris. >> so are talks going on between speaker boehner and president obama, in a way does it make it seem like con are gres gress is irrelevant. jeff sessions has repeatedly made the point and i want to play something for you that he said yesterday. >> we all know what the plan is, what the scheme is, the strategy is. it is to be meeting in secret and then plop down on the floor of the senate at the last hour, some sort of coerced agreement that all of the senators like lemmings are supposed to vote for. >> is that what is going on here? some coerced agreement that you're going to have to vote for? >> i wouldn't describe it as a coerced agreement. but you can't have 500 people in the room negotiating an agreement. so, yes, we have our leadership, they sit down with the president, they hammer out a deal, they come back to us. our opportunity for input in this process is with our leadership. we have caucuses multiple times each week. we express to our leaders, this is what we want to see. this is what we will support. we do not want to see action on this or be pressed o
pizzey, cbs news, cairo. >> glor: back in washington president obama and house speaker john boehner did meet at the white house this afternoon for more talks on the fiscal cliff. details were not released but both sides say lines of communication remain open. on face the nation erskine bowles co-chair of the bipartisan deficit commission told bob schieffer he's a bit more optimistic than he was a week ago. >> we were going through the kabuki theatre, one side making an offer, the other rejecting it and that is pretty natural in any deal. but you know, they've started to tango now and you know any time you got two guys in there tangoing you got a chance to get it done. >> glor: meanwhile urging both sides to get this done jeffrey immelt chairman of general electric spoke to charlie rose. >> i would say the business community almost universally speaks with one voice that this needs to get done and get done now. and moving it to next year is just failure. >> glor: you can see the full jeffrey immelt interview first thing tomorrow on cbs "this morning." >> big business is together in wantin
to date. president obama, house speaker john boehner breaking the ice. >> that's good news, right? >> the two leaders discussing the fiscal cliff by telephone yesterday. no word of significant progress with just 26 days remaining to get a deal done. but there are signs of compromise. oak e oklahoma's republican senator breaking ranks, saying he's okay with raising taxes on the rich. >>> two seizures off the coast of the dominican republic last month, authorities recovering more than 50 bails of coke. it is weighing close to two tons. the drugs had a street value of $45 million. it will now be destroyed. >> are you losing your keys or misplacing your wallet. >> yes. >> there may be a quarter-sized blue tooth enabled button to communicate with a smart phone. >> sneakers, that's hysterical. >> the app will have a radar feature if they're getting warmer or colder. >> my blackberry charger. that's what i need it for. >> it just has to tell you where it is. >>> a sticky situation on a highway. in new hampshire, a tractor-trailer loaded with a cargo of maple syrup overturned on the inter
is ticking down for president obama and speaker of the house john boehner to strike a deal. in just 24 days, more than $500 billion in tax increases take hold. frustration is evident on capitol hill. boehner saying friday there's no progress to report. we'll find out the latest on fox news sunday. host chris wallace joins us with a preview. good morning, chris. >> good morning, melanie. >> we're not hearing compromise at the top, but i'm wondering if among the ground troops, are we hearing any willingness to compromise? >> no. i think that what you're seeing in public is what they are seeing in private, which is that neither side is willing to make a deal. now, it may be we're not close enough to the deadline for people to get to where their bottom line position is. but you talk about speaker boehner. in a news conference friday, he said another week has been wasted. and i get very little sense that they, behind the scenes, are making much progress. we'll talk to two of the key plaifers in all of this at the top of the hour. charles schumer of new york, one of the leading democrats in the s
obama and speaker boehner spoke on the phone yesterday for the first time in days. both men agreed not to publicly characterize how the conversation went. but the stalemate in negotiations entered new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the 2%. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans -- remember, it's only 2%. the size of the problem in some sense is so large, it can't be solved without rates going up as part of that. again, i think there's broad recognition of that reality now. >> one fallback option republicans are reportedly considering is to accept tax cuts for the middle class, allow rates to go up for the wealthiest, and then start the fight over again during debt limit talks early next year. yesterday at a business roundtable of ceos, president obama took a
you to cairo for the latest on that. >>> and president obama and house speaker john boehner are talking again. but that is about the only thing close to progress in efforts to avoid the fiscal cliff. president obama used his weekly address insisting he is ready to make the tough decisions on spending cuts. >> i am willing to make more entitlement spending cuts on top of the one trillion in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families then we're also going to have to ask the wealthiest americans to pay higher tax rates. that is one principle i wouldn't compromise on. >> speaker john boehner has a different view. he says the president needs to abandon what he called his "my way or the highway approach," in his words. if the president does that a lot of things are possible. >>> syrian rebels are battling army units around the capital. activists say 26 people were killed in
that will work as well. twenty-seven days until the fiscal cliff. president obama and the speaker still not negotiating. are they serious about solving this crisis? the "a-team". they join us in moments. obamacare at least one year away from full implementation. but you don't have to wait for the tax hikes. $317 billion in new taxes. set to kick in january 1st. and we will show you the latest tax increase brought to you by the people who created obamacare . get ready for armageddon. is america reelly headed to help? is there any way to stop the document author of after america, mark stein joins me next. ♪ ♪ lou: welcome all fundamental dishonesty at the heart of america's financial crisis. my next guest saas americans really seems of want a european size government with current american size tax rates. one or the other has got to go. we will see. joining us now, author of the best seller, get ready for armageddon. also, a recording of -- i will explain my laughter. his new holiday cd, making spirits bright available on the amazon and itunes. i am trying to think how to do it. >> the
're just tu 22 days and counting, but for the first time in ore three weeks, president obama and house speaker john boehner actually stood in the same room. they breathed the same air, folks, and they talked and that's a big deal. especially since there's been so little of that going on lately. after the meeting, spokesman for both boehner and the president issued identical statements. that's nice. simply saying the line of communication remain open. that is promising according to former white house chief of staff erskine bowles. >> they've started to tango now and anytime you've got two guys tangoing. you've got a chance to get it done. >> how are the warnings affecting you? the american consumer. in the last few weeks, we have seen record shopping and black friday sales. we've also seen jobs numbers that are up. and today, fedex is expecting its busiest day ever. shipping about 19 million pa packages. that is about 20 packages per second. and loads of jet fuel. christine romans joining me now with more. those sound like great indicators. you're the trend lady. do the trends look like
left it to the president and the speaker, obama and boehner, they could work it out. they got forces behind both that will try to separate them, but that's where their leadership comes into play. look, this country -- i'd rather be an american economically poised for the future than a citizen of any other country in the world. what's standing in the way of us really surging economically is the government, and if we can get together and adopt a bipartisan long-term debt reduction plan, i think our economy's going to take off. >> i want to get into foreign policy now. you are the three amigos, the experts in this genre. i want to talk about the middle east exploding that you've hinted at and also benghazi and susan rice, which i know is a favorite subject of yours, senator. >> so good of you, pierce. oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could
,000 to $108,000 bracket taxes go up $3,500 a year. mr. obama and the republican speaker of the house talked this over today and here's major garrett at the white house. major? >> reporter: scott, there is a code of silence the white house and speaker boehner's try to apply to these phone conversations, releasing as few details as possible to protect the underlying negotiations. nevertheless, cbs news has learned the following: the speaker and the president spoke before treasury secretary geithner's comments about going over the cliff. the conversation was described as brief, meaning shorter than the 28-minute conversation speaker boehner and the president had last week. also those familiar with the conversation tell me-- or do not used words like "curt," "frank" and "direct" meaning it was probably more gentle. also i'm told scott this is no longer a time for check-in phone calls between these two leaders. everything now is substantive about the underlying merit of what treasury secretary geithner. republicans believe this can be done through tax loopholes not raising rates on the wealthies
. fox news confirming president obama and the house speaker did talk on the phone today and traded proposals. advisers to the presidency the two sides are making progress. as with a market, stocks finied well off of flies, but still up solidly. the dow up 79 points, s&p nine, nasdaq 35. all three indexes moving above their 50 day moving averages for the first time in three months. volume picking up on the big board. three and a half billion shares traded. technology, the principal driver in the market. microsoft up on news it is upn production of its surface table, service tablet to better compete with appe, on a bullish report from merrill lynch about the growth of the smart phone and ipad markets. aig stock up on news the government sold the remaining common shares it holds. the sale means taxpayers realize the profit of $22 billion on the iginal bailout of 1,802,000,000,000. prices in the bond market down, pushing the yield on the treasury ten year to 165%. crude oil up. the price of a barrel of oil still under $86. the federal reserve and its today meeting on monetary policy an
's hope that the bacon soon return to the negotiating table. president obama called the house speaker to discuss ways to prevent huge tax increases and spending cuts in january. congress' joint economic committee will hold talks today. >> propofol hockey is returning to the verizon center for one night. tonight the admirals' of norfolk will play. -- professional hockey is returning. there are signs the ice could be thawing between players and owners. both sides sound optimistic the season can be salvaged. talks will continue today. the work stoppage has wiped out all games through december 14 as well as the new year's day winter classic and the all-star game. >> same-sex marriage licenses will be issued starting today and several maryland counties. couple will be able to get married starting on january 1. some counties that have confirmed they will begin issuing licenses today include anne arundel frederick, and montgomery. maryland maine, and washington became the first states to pass a same-sex marriage by popular vote. washington state same-sex marriage law takes effect today. the
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